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TH15 INOEN1t1Rf. Mad~ the 28~h day of december A.D. 19~ betwcen
_ Charles F. Ramage a~d Ida ~a~nage, his wiFe and
Louis P. Pansino and Ada J. Pansino, his wi~`e
ef St,~ Lucie ~~ry Ftorida, htf~iMftN ds~+gnued ~s tM "MORTGAGOR;' ~nd iiRST FEDERAI SAVINGS AND IOAN i
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ASSOCIATlpN OF FORT PIERCE. ~ cwporatan ay~ni:ed and ex~t~iny unda th~ lawt o/ tM Un~r~d Sta~~~ of Ameriu and havinp ib principal p!~ce of !
b.,~irxu in ~!w City of fwt Pi~ru. St, lucw Cou~ty. Florida. M~~inaher ds~iyna~~d af th~ " RTGAGEE." ~
WHFREAS tM MORTGAGOR ip j~stly it~dtbted to tht MORTGAGEE ie the wm of i ~~L9~•~ , good and lawfut monsy of the Un~ted ~
Sfatei advarxed by the MORTGAGEE unto IM MORTGAGOR, ~s evidanted by a tert~in promiuory note of eve~ date he~ewith, of wh;ch ths foi{owin~ in f
words ~nd (iyures ii a 1rw topY, towit:
; t5,900.00 H, 3-1~,8G5 '
v~..~., Florida, December 28 ~ ~9 ~1
Fo~ value received, 1, wa o~ eithe~ of us, promise to/~j
y without defaicat~on, to the order of FIRST FEDERAL SAVINGS ANO LOAN ASSOCIAiION Of
FORT PIERCE at Fort P;erce, Florida, ~he aum of = 9""• ~ w~th interost from date at rhe rate of 7•• yo pe~ annum, in monthly imtall-
~-,en~s as follows: S 131 on the ~ st d+y of February 19 ?2 and a tike sum on the correspond~rg day of each matith the~e-
af~e~ uMil the whole be fully paid-
:
Each inat~llment first shall be applied in payment of the interest and then o~ the unpaid balance of the princ:pal sum. If d au~t is made in the ~
Fa~ment of any insullment when due, a~d such dcfautt conN~ues 30 days, the~ at the opu~n of the holder, and wi~hou~ any orher nor;ce, aIl the remain;ng j
; ~~~sraUmenh shall be dx and payable at onca Privilepe is 9ivee to prep~y this note io whole or in pan at a~y time without penalty. Meither forebearante, ~
• no~ sccept~nce by the holde~ thercof aiter any deFault in any payments he?eon, shall be decmed exte~sion. A late payment tharge of 5_6!
55 , shall be F
~ ~dded to each installment remaininp unpa~d 7 days after iri due date, ~nd a like sum shall be added ~o each su:h ins~a(Iment remain;ng unpaid 7 days •fter
each s~rcceedin9 payment dare.
~ Exh makea, surery and erw-lasen c~reof, jointly and severally, wa~ves demand, p?exmment prote:t a~d ~otice of proreat fw nonpayment, and further
agrees ~o any extension of t'une of payment, either betore or aher maturity, wi~hout not~ce ro any of us; and ~o pay ail costs of coflecrion, includ:ng a
~e~ionable attorney i fee in the event ol any de(autt hereunder, and hereby severel;y waives all benelit of homestead and exemption under the constit~tion
a-~d laws of each State of the United States, as againat this obligafion or sny extension o? renew~l hereof.
Witneu the Mnd and seal of each party.
s/ Charles F. RauaaQe ~fau
s Ida Rama ~seau
~ s Louis P. Pansino
s Ada J. °ansino ~
~ ~$2 3. 85 i sa~. ae~. ~
. ;
~5 900 00 x
NOW, THEREFORE, the MORTGAGOR for the purpose of secvri~g payment of said sum of f a • ~ snd the performance of the {
covenants and ayraemenq hersinaiter expressed, and for divers yood and valuable consideratio~s, by theu presenta, does g.ant, bargs~n, setl, ~emise,
~eica~e, convey and confirm unto 1F?e MORTGAGEE, in succeuors and suigns, atl that cen~in Iot, p3ec~ or parcel of land, situafe, tying, and be~ng in the
County of $tr. Lueie ~nd Stste of Flor~da, descr~bed as foltowi: ~
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Apartaent I- 101 of DULONNADSS CONDOMINIt)At NO. 6, a Condaminiu~ according to the
Declaration of Condoainium recorded in O. R. Book 198, page 173, as aate~ded by
qmendaents recorded in O. R. Book 198, at pages 2688-94, all refererices to the
Public Records of St. Lucie County~ Florida, 1bGB2HBR WITH all of its appurten-
~nces according to said Declaration.~
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sogether with ~II ~nd iir~yular the ttnsmenq. hereditaments ~nd ~ppurtarKes thereunto belorgirg or in a~ywise ~ppertainirg tl?ereto, snd aU r~nts, iuuts, ~
proceeds ~nd profits ~ccrvirg ~nd to a~wue from said prtmises, all of which ~re included in the abov~ and fws~anp deuription a~d habendum. j'
TO HAVE ANO TO HOID the abov~ desu~bed and yranted premises umo th~ said MORiGAGEE, its successors and auigm fwev~r. Md th~ wid !
I.tORTG R fw t~ f r heirs, execvtors, admi~istraton and aui~ns, hereby covenann w;rh the s+id MORTGAGEE, iri succeuors ~nd ~uipm,
~hat ~~ey 8re I~wfulfy seized of the said premises in fe~ simple: that the s~m~ an fre~, cleu ~nd dixharged from sll lier+s and: encum~
branc~s in law or in equity, and ti»t they will and the ir hein shall warrant ~rd defend ~he title to the ~am~ to tM iaid `,s
MORTGAGEE, itt succeuws and usgns, forever ay+inst ths lawful cl~ims a~d demand~ of all perwrq;
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PROWDED, ALWAYS that if the MORTGAGOR sMll pay unto tM MORTGAGEE th~ ptomiswry not~ hereinbefote dtscribed u+d slull truty, promptly
and fuiiy perfwm, d~sch~rye, execute, complete, canpty with ~nd abide by esch ~nd every tl~e stipulatani. ~reemenb, conditwns snd covenants of uid `
prom~ssory not~ ~nd oi this Mortys~e, then this Mutyape and the Estate hereby created sMll cease ~nd be null ~nd void. '
IT IS UN~ERSTOOp that the word "Mortyapw" whether in tM tingular w p~w~l anywhero i~ this Mwtyspe, shall be sir?gular if on~ only ~nd '
shall b~ ptwai jointly a~d ~everally if more than one, and thst the word "their' es aed ~nywhers in this Mo.tQape shsll be taken to me+n "hii;' "Mn;' ~
«"in;' wi+erever tF+~ context w implies or admits. Also, tMt wherever thcre is ~ referencs in 1M covensnts u?d ay~aements herein cont~insd to any of {
the puties hento, ~M ~ar?N ahall be c«+strued to mean as well as tlx hein, (pal r~pr~sentatives, successon snd usiyns (eithcr rotvnbry by act of the {
partie~ a inva~nt~ry by operilion of Ihe Iaw) of the sartie and that the covensnts herein contained st»II bind end Ihe benefiri snd sdvantpq inure `
ro the retpective heirs, byd r~presentatives, successors and ass'yns of tht parties hereto. ~
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Arw! said N4ortqsyo?s, fw themselves u+d th~ir h~irs, legal represcntatives. successors and auigns, hereby jointly and uverally coverunt and ~prae ~
ro ~nd with tha s~id MORTGAGEE, its successon and assigro:
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1. To pay ~II and sirgul~r the printipsl snd interest and the various and sundry tums of money payabk by virtve of iaid promissory note, and tF?is
mortyaye. ~sch, and ~vNy, promptly on t!u days rapect~rely tlx san+e sev~rally becane dw.
2. To p+y ~11 ~nd ?inpvlu tF?e taxes, assessmenn. I~vics, liabilities, obliyatio~s ~nd enarrntxa~ces of every narure ~nd kind naw on s~id d~sc~ibed
prop~rly or th~t iar~atter may be impoiad. wflered, pl~ced. Iwied, or ~uessed thereo~, a th~t hereaft~r m~y b~ levied w usessed upa~ thb Mortg
sye, a tM i~debt~dn~u secvred F?ereby, e+ch and wery, wh~n dw and p~yable, xcordinp to law, befw~ they bec«n~ delinquem, and befw~ a~y inte?~st
etraches or sny penalty is incurred; ANO INSOfAR AS ANY THEREOF IS OF RKQRD THE 511Mf SHAII BE aROMPTIY SAi15FIE~ AND DISCHARGED Of
RECORD AND THE ORIGINAI OffICIAI OOCUNIENT (SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SAi15fACTION PAPER OFfIC1AtlY ENOORSEO
OR CERTIFIED) SHAII dE PIACE~ IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEX1 AFiER PAYMENT; and in Ihe event tMt any thereof is not '
paid, sar sfied and diicharyed sa:d MORiGAGEE miy it any time pay the same or ~~y psrl thereof without wsiv;rg o~ sffecting •ny option, lien, equity a ~
•~aht ~nde~ a by virtue of this mortysqe and ?he full amou~t of each and every sucfi p~yment ~hall be immcdiately due and payable and shall bear iMerest =
~rom the date tF~ereof vnril paid ~t rste o/ nine pcr centum per ~nnum u+d toqerF~r~l~~terett ilu~,~b~~ued by tbe lien of th:s morytape. }
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